Alphion Completes $12.1M in Venture Financing; Alphion Corporation Completes Third Round of Funding to Support Production Ramp Up.PRINCETON JUNCTION Princeton Junction could refer to:
Alphion's third round of funding was led by Tallwood Venture Capital with participation from Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , Narra Venture Capital, and industry executives as well as new investors Axiom Venture Partners, and ICCP (Institute for Certification of Computing Professionals, Des Plaines, IL, www.iccp.org). An organization founded in 1973 that offers industry certification and worldwide test centers. Venture Partners. This funding will be used to support the growth of the company's manufacturing capacity and expansion of its sales and marketing efforts. "We are pleased to have continued strong investor support, which demonstrates high confidence in our value proposition and execution," said Dr. Bharat P. Dave, Alphion's Chairman, President and Chief Executive Officer. "This funding will allow us to expand the QLight(TM) product family, and to gear up our operations to meet the growing market demand." Alphion launched the QLight(TM) 2R Photonic Transponder at the OFC OFC Office OFC Officer OFC Of Course OFC Oxygen Free Copper OFC Oceania Football Confederation (soccer) OFC Optical Fiber Cable OFC Optical Fiber Communications OFC Optical Fiber Conference 2004 Exhibition for deployment in metro, long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. and CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. networks. The QLight(TM) Amp and Switch product lines, announced at the OFC 2005 Exhibition, are used in telecommunication networks as well as high performance photonic routing networks, network restoration, and equipment protection switching. The QLight(TM) platform is based on breakthroughs in monolithic integration on InP and advanced packaging technologies. Alphion owns rights to over 35 issued and pending patents related to design, fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. and applications of photonic integrated circuits. ABOUT ALPHION CORPORATION Alphion Corporation, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , develops, manufactures and markets integrated photonic devices and subsystems based on its proprietary QLight(TM) technology. Alphion products are sold into telecom, datacom, CATV and defense system OEMs. The QLight(TM) family of products is used in photonic regeneration, signal conditioning, wavelength management, and performance monitoring applications. For more information about Alphion and its products, visit our website www.alphion.com ABOUT TALLWOOD VENTURE CAPITAL Tallwood Venture Capital is a venture capital firm focusing on semiconductors and semiconductor related technologies. Tallwood raised its first institutional fund of $180 million in 2002. Investors include Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. and Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. . Tallwood's practice is based on a deep understanding of markets, the impact technology will have on them and a hands-on, very active involvement post investment. Tallwood also utilizes a best in class team of consultants and advisors to help build our practice and work directly with our portfolio companies. Our vision is to actively help entrepreneurs to develop and grow technology-based start ups into world-class companies. For more information visit their website, www.tallwoodvc.com ABOUT AXIOM VENTURE PARTNERS Axiom Venture Partners provides capital and strategic assistance to rapidly growing high technology companies. Axiom's professionals bring substantial investing experience and industry expertise to the venture capital process. With over $200M in capital under management, the firm seeks to consider investment proposals in two main industry areas: High Technology (including Communications, Software, Internet Infrastructure and Information Technology) and Biotechnology. For more information visit their Website, www.axiomventures.com ABOUT GOLDMAN SACHS Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest investment banking firms. The firm is headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. For more information visit their Website, www.gs.com ABOUT ICCP VENTURE PARTNERS ICCP Venture Partners is an Asian-based venture capital firm, which supports strong management teams who desire to build world-class companies with leading-edge products and services. ICCP Venture Partners' investment portfolio includes fab-less integrated circuit design firms and semiconductor-related technologies, software, outsourced services and manufacturing, and traditional consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and and services. For more information visit their website, www.iccpventurepartners.com ABOUT NARRA VENTURE CAPITAL Narra Venture Capital was established in 2002 to invest in private high-technology companies with potential for strong growth. Narra focuses its investments on companies with defensible barriers to competition, which are normally based on cutting edge technology or their efficient deployment. For more information visit their website, www.narravc.com |
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